Monday, Jul 21, 2008
Nothing safer than bricks and mortar....?
Introducer Today: Homeowners urged not to over rely on property
Falling house prices are a reminder to homeowners not to over rely on their property to provide a nest egg, it has been claimed
Posted by whostolemyendowment @ 11:34 AM (248 views) Add Comment
1 Comment
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1. mark wadsworth said...
Actually, bricks and mortar hold their value very well, requiring just a tad of maintenance.
It is the value of land/location that collapses - in the 1990s crash land values went down by two-thirds, see also Barratts and their land bank debacle.